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Wall Street's massive data edge is evaporating. The elite technology that once required a multi-million-dollar quantitative setup, dedicated server rooms, and teams of PhD mathematicians is now sitting on consumer laptops. This isn't about magical market forecasting or finding a flawless crystal ba
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Comparing Premier League teams is not always as simple as checking their position in the table.
Two clubs can sit next to each other in the standings while having very different strengths, weaknesses, and styles of play. One may rely on a strong defence and narrow victories, while another may sc
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From accusing Democratic Action Party (DAP) of seeking to eliminate the Malays and Islam to defending the United Malays National Organization’s (UMNO) corruption and Ponzi scheme in the Tabung Haji’s scandal, Abdul Hadi Awang has again weaponized race and religion as political tools. The goal r
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Depending on who you ask, Pinduoduo could be a dangerous threat to traditional retail and small businesses, or a godsend app to consumers struggling with high cost of living. The massive e-commerce platform known for ultra-low prices through group-buying has taken the world by storm. It offers incr
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The U.S.-Iran conflict has evolved into a “game of chicken” in the Strait of Hormuz, with each side betting that the other will blink first and make concessions. For Tehran, threatening maritime traffic in the strait provides the only leverage over the global economy and a means of pressur
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Perak DAP has unanimously decided to remain in the unity government led by Prime Minister Anwar Ibrahim. That’s not surprising considering that the chief of the Perak Democratic Action Party (DAP) is Nga Kor Ming, who is also the powerful Minister of Housing and Local Government. To resign wou
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Troubling security information reached the upper tier of Trump’s team on July 7, the first day of the NATO summit. Hosted by Turkey for the second time in history, the 36th NATO summit in Ankara (July 7 – 8) came at a critical moment. As President Donald Trump’s motorcade rushed through Turke
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In May 2015, Mahathir Mohamad warned Tabung Haji to cancel its land purchase from 1MDB (1Malaysia Development Berhad). He disagreed that the Malaysia’s Pilgrims’ Fund was being used to bail out 1MDB – purchasing a small 1.56 acre of Tun Razak Exchange (TRX) land for RM188.5 million, when an
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A week ago, Donald Trump said he was calling off the biggest military attack since World War II because a deal to end the Iran War was imminent. When there was no deal, as the world had already anticipated, he changed his story. Now, he’s signalling the U.S. is in no rush to resolve the conflict,
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Anwar Ibrahim is the best prime minister money can buy, his hardcore supporters claimed. He is also Malaysia's most popular political leader, according to a Merdeka Center survey recently. Even if the 10th Prime Minister is a fake reformist, serial liar, hypocrite, traitor, untrustworthy, anti-Chin
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October 13th, 2022 by financetwitter
Senile President Joe Biden still believes the economy is still in good shape and there isn't any inflation. But the more the U.S. in denial, the longer the inflation rate is plaguing the country. The latest CPI (consumer price index) is out, and it's horrible. The September inflation is 8.2%, up 0.4 [...]
October 12th, 2022 by financetwitter
In 2018, Donald Trump attacked Germany, Europe's largest economy and one of NATO's most important members. The U.S. president warned that the country was making a big mistake in totally dependent on Russian energy. Trump's speech at the United Nations was laughed by Germany's UN delegation. Today, W [...]
October 10th, 2022 by financetwitter
After months of pressure from his own party, PM Ismail Sabri has finally announced the dissolution of Parliament on Monday (Oct 10), paving the way for the 15th General Election. Malaysia will now go to the polls within 60 days. This also means Sabri is effectively the shortest serving prime ministe [...]
October 7th, 2022 by financetwitter
On Wednesday (Oct 5), gas prices hit record highs in many parts of California. In some southern California locations, gasoline spiked to more than US$8.00 per gallon. Statewide, prices reached US$6.42 per gallon - nearly US$3 higher than the national average of US$3.83. While the blames are on re [...]
October 6th, 2022 by financetwitter
Muhammad Shafee Abdullah, the so-called hotshot lawyer of former Prime Minister Najib Razak, is squirming like a worm in a silly effort to allow his client to attend parliamentary sessions. Actually, Mr Shafee needs to do only one thing - quote a law that allows a prisoner attends the Parliament. [...]
October 5th, 2022 by financetwitter
Beijing knew it could not make "Yuan" (Renminbi) an internationalized currency overnight, nor could it replace the U.S. dollar’s dominance in the global system with the Chinese currency. China has US$3.0549 trillion in foreign exchange reserves (end of August) - the largest in the world. About a t [...]
October 3rd, 2022 by financetwitter
Before then-Foreign Secretary Liz Truss won the confidence of the ruling Conservative Party to become the United Kingdom's next prime minister, she was vigorously campaigning on the anti-China platform. Both she and former Chancellor of the Exchequer Rishi Sunak were competing with each other to win [...]
October 1st, 2022 by financetwitter
Ahmad Zahid Hamid, president of UMNO, can heave a sigh of relief. He could finally see a light at the end of the tunnel after the High Court on Sept 23 acquitted him of all 40 bribery charges. He was so grateful that he boastfully said he has had faith in the judiciary since "day one", when the hypo [...]
September 30th, 2022 by financetwitter
Australian Facebook users were extremely anxious and worried after the country's central bank reported a jaw-dropping loss of A$36.7 billion for the financial year 2020-21. All hell broke loose after "Real Money", a column owned by U.S. financial media The Street, screamed at one of its articles - " [...]
September 29th, 2022 by financetwitter
From Bitcoin to NFTs, and the metaverse, how cryptocurrencies are changing the future of money. Undoubtedly, we are on the path towards a new form of finance that’ll use a wide variety of tech advancements to change the way people use and manage one of the most important tools: cash.
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